In a significant step to move towards a gas-based economy, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved "Natural Gas Marketing Reforms". The policy's objective is to prescribe a standard procedure to discover the market price of gas to be sold in the market by gas producers, through a transparent and competitive process, permit affiliates to participate in the bidding process for the sale of gas and allow marketing freedom to certain field development plans (FDPs) where production sharing contracts already provide pricing freedom. The policy aims to discover market pricing by issuing guidelines for sale by the contractor through e-bidding. The policy has also permitted affiliate companies to participate in the bidding process given the open, transparent and electronic bidding.